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RBA says we are in a W-shaped recovery, with housing one of the few concerns

  • Written by The Conversation
RBA says we are in a W-shaped recovery, with housing one of the few concernsRBA/The Conversation

The Reserve Bank has used Friday’s quarterly assessment of the economy to declare that lockdowns have “delayed but not derailed” Australia’s recovery.

It says economic activity probably contracted 2.5% in the three months to September, but the December quarter (the one we are in now) will regain most of...

Read more: RBA says we are in a W-shaped recovery, with housing one of the few concerns

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